The Station: Tesla rolls out its FSD beta button, delivery deals heat up, micromobility evolves

Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Aria and Rebecca have a lot to share this week, so I’ll keep my intro short. I want to direct your attention to my latest podcast episode over… Continue reading The Station: Tesla rolls out its FSD beta button, delivery deals heat up, micromobility evolves

Evergrande’s EV unit scraps Shanghai IPO plan while CNOOC, Dongfeng Motor unveil new domestic stock offerings

China Evergrande Group hit another bump on the road to ease its liquidity crisis after abandoning a plan to float its car-making unit at home. At the same time, oil explorer CNOOC Limited and Dongfeng Motor unveiled their new listing aims. The indebted developer’s car-making unit, known as Evergrande New Energy Vehicle Group, will no… Continue reading Evergrande’s EV unit scraps Shanghai IPO plan while CNOOC, Dongfeng Motor unveil new domestic stock offerings

Shares in Evergrande EV unit plunge as cash dries up

Shares in Evergrande New Energy Vehicle, also known as Evergrande Auto, fell to HK$1.95 in early trading in Hong Kong Monday, after it scrapped the planned Shanghai listing via a Sunday stock exchange filing. Shares in debt-laden Evergrande‘s e-vehicle unit slumped by more than 10 per cent Monday after the firm scrapped a proposed Shanghai… Continue reading Shares in Evergrande EV unit plunge as cash dries up

China’s green car credit system to be replaced as country pursues carbon neutrality

By Yilei Sun and Brenda Goh SHANGHAI: China may replace its green car credit system with a new policy focusing more broadly on reducing carbon emissions, industry executives say. One option being considered is a carbon emissions trading scheme (ETS), three industry executives said. That would address industry concerns that the current system incentivizes electric… Continue reading China’s green car credit system to be replaced as country pursues carbon neutrality

German Researchers Converted a Tesla Model Y Into a Hydrogen Car

There’s a lot to unpack here. Hesla Motors On Wednesday, German Federal Research Minister Anja Karliczek revealed an automotive Frankenstein creation: A Tesla Model Y that had been converted into a hydrogen vehicle that she called a “hyper hybrid.” The goal was to demonstrate the future of clean transportation. But as Teslarati notes, the decision… Continue reading German Researchers Converted a Tesla Model Y Into a Hydrogen Car

New semiconductor plants will end global auto chip shortage next year -Tesla’s Musk

By Reuters Staff 2 Min Read TURIN (Reuters) -Tesla Inc CEO Elon Musk said on Friday that thanks to new semiconductor plants that are planned or under construction, the global chip shortage that has pummelled the car industry this year should be short term in nature. Chairman of Stellantis and Ferrari John Elkann speaks via… Continue reading New semiconductor plants will end global auto chip shortage next year -Tesla’s Musk

DisruptedTesla’s Musk says new chip plants should make shortage short term10:49 AM UTC

Chairman of Stellantis and Ferrari John Elkann speaks via video conference with Tesla’s founder Elon Musk during the “Italian Tech Week” event in Turin, Italy September 24, 2021. REUTERS/Massimo Pinca TURIN, Sept 24 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk said on Friday that thanks to new semiconductor plants that are planned or under… Continue reading DisruptedTesla’s Musk says new chip plants should make shortage short term10:49 AM UTC

Tesla’s Musk says new chip plants should make shortage short term

By Reuters Staff 1 Min Read Chairman of Stellantis and Ferrari John Elkann speaks via video conference with Tesla’s founder Elon Musk during the “Italian Tech Week” event in Turin, Italy September 24, 2021. REUTERS/Massimo Pinca TURIN (Reuters) – Tesla Inc CEO Elon Musk said on Friday that thanks to new semiconductor plants that are… Continue reading Tesla’s Musk says new chip plants should make shortage short term

Rivian will open a $4.6M service support center as it prepares for first vehicle sales

Rivian, the electric vehicle startup that’s gearing up for an initial public offering, continues its trend of growing fast. The company will be opening a service support operations facility for vehicle owners in Plymouth, Michigan — and just in time, as deliveries of the launch edition of the R1T pickup are expected to commence late… Continue reading Rivian will open a $4.6M service support center as it prepares for first vehicle sales